Converged infrastructure runs by
amalgamating multiple components of information technology (IT) into individual
and optimized packages of computing. The several components of a converged
infrastructure includes software, network equipment, data storage devices, and
services for orchestration, automation, and the management of IT
infrastructure. IT institutions employ converged infrastructure for
centralizing the management and administration of IT resources, to lower their
costs, enhance the rates of resource utilization, and consolidate systems. Converge
infrastructures nurture these aims by employing pools of networking resources,
storage, and computers that can be shared by several applications and be
managed in a more collaborative manner using procedures which are policy
driven. Several terms are used for describing this concept by the IT industry
such as dynamic infrastructure, fabric-based computing, unified computing, and
converged system.

The global market for converged
infrastructure is expected to expand at an outstanding 22.4% CAGR from 2017 to
2025. The market was estimated to be US$11.78 bn in 2016 and is likely to touch
US$76.26 bn by 2025.

How
the shifting focus on cloud based data is centers a beneficial trend for this
market?

The global market for converged
infrastructure is expected to exhibit strong growth in the coming years owing
to the growing investment by several organizations and business bodies in this
IT based technology. The resources of converged infrastructure are holistically
managed. The demand for it is expected to stay consistent over the years ahead
owing to single point storage. The mounting trend among institutions to adopt solutions
that will offer better simplicity, agility, scale, and security is expected to
have a strong influence on the market.

Furthermore,
rising penetration of data centers which are cloud based with companies
shifting their financial systems to cloud based systems is a trend that will
have a major positive outlook on the market and supplement it growth as well.
To capitalize this, many leading companies are entering the market. For
instance, NetApp recently announced its entrance in the global convergence
infrastructure market.

The growing demand for converged
infrastructure from different industries in the Asia Pacific region is expected
to keep the region in the forefront in the global converged infrastructure
market. The proliferating IT industry in India, Indonesia, and Thailand, South
Korea, Japan, and China has fuelled the demand for this technology in Asia
Pacific. The use of this technology is in the IT, telecommunication, and
manufacturing industry is further a promising factor for the growth of the
market in this region.

What
are the hindrances that are likely to arise on the way of the market’s growth?

In spite of swift growth, the market is
expected to witness a hurdle in the growth path owing to the high cost of these
systems and a drastic downfall in the budgets of the IT sector across the
globe. The entire IT industry is facing threats from budgetary pressure and
thus this has led to cost saving techniques and postponing of new projects,